Opinions diverge sharply on who is at fault for Greece’s financial difficulties and whether the solution accepted by the parties is a step forward or backward. A right-wing author thinks Hungary managed to avoid being plunged into a comparable crisis thanks to the unorthodox policies pursued by the government after 2010. READ MORE

The leading left-wing daily warns that the harsh conditions imposed on Greece in exchange for a new European bailout scheme might deter new candidates including Hungary from joining the Eurozone. READ MORE

In their weekend analyses, written before Greek Prime Minister Alexis Tsipras submitted his new proposals to the European Union, commentators discussed the possible outcomes of the negotiations and whether Europe’s response should be to move towards a federal state or looser integration.READ MORE

A leading conservative pundit thinks the leftist Greek government (like the right-wing Hungarian one five years ago) is right when to reject further financial restrictions, which have only plunged the country deeper into debt. READ MORE

A right-wing commentator compares the mood of the Greek public to the way Hungarians felt after 1995, in the aftermath of a stiff austerity package introduced by Lajos Bokros, then Socialist Finance Minister and now Conservative member of the European Parliament. READ MORE

A liberal author warns that if Greece’s new anti-austerity leaders choose to keep their electoral promises, they will end up plunging their country into misery. A right-wing commentator agrees with a Marxist philosopher in believing that the victory of Syriza may bring renewal throughout Europe. READ MORE

As the rest of the dailies went to print before the final results of the Greek elections were made public on Sunday evening, the leading left-wing newspaper is the only one to react to Syriza’s victory, which it describes as a ‘wakeup call’. READ MORE

Left-wing and liberal commentators accuse the government of planning brutal cuts as Minister of National Economy Varga announces plans to reduce the rate of government spending. A conservative blogger suggests that the rate can be reduced without major austerity measures, provided the economy keeps growing at its current rate. READ MORE

A right-wing economist contends that Europe should follow the example of the BRIC countries and help the middle classes kick start economic growth. His left-wing counterpart defends the welfare state and warns against mindless austerity. READ MORE